COURT JAILS TWO FOR N14.8M FRAUD IN MAIDUGURI. (PHOTO). #PRESS RELEASE.

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 Court Jails Two for N14.8m Fraud in Maiduguri Justice B.T Zannah of the Borno State High Court sitting in Maiduguri, on Monday, July 13, 2026 convicted and sentenced two to three years imprisonment. The convicts are: Babagana Bukar and Hauwa Chabri.  The convicts were arraigned on Monday, July 13, 2026 by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a separate one -count charge for the offence of criminal misappropriation to the tune of N14,800,000.00 (Fourteen  Million, Eight Hundred Thousand Naira). The charge against Bukar reads: "That you, Babagana Bukar sometimes in 2025 at Maiduguri, Borno State within the jurisdiction of this honourable court, dishonestly misappropriated and converted to your own use the aggregate sum of N8,800,000.00 (Eight Million, Eight Hundred Thousand Naira)  money belonging to Bunu Gambo Liman, being amount given to you through Babakura Umar and Bello Adamu for the supplies of 100 bags of IRS...
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SAUDI ARABIA TO INVEST $5 BILLION IN AI DATA CENTER. (PHOTO).

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 Saudi Arabia to Invest $5 Billion in AI Data Center


A Saudi firm is set to invest $5 billion in constructing an artificial intelligence (AI) data center in the futuristic city of NEOM, according to state media reports.


The agreement, signed between DataVolt and NEOM, will fund the development of a fully sustainable AI data center with a 1.5-gigawatt capacity, the Saudi Press Agency (SPA) stated.


The facility will be built in Oxagon, an industrial hub within NEOM, which is envisioned to become the world’s largest floating industrial complex.


NEOM, a key project under Crown Prince Mohammed bin Salman’s Vision 2030 initiative, includes The Line, a 170-kilometer mirrored megacity designed to accommodate up to nine million residents by 2045. However, recent estimates suggest 300,000 residents by 2030.


Saudi Arabia’s ambitious NEOM project also includes Sindalah, a luxury Red Sea resort, which became the first operational part of the development in late 2024. The initiative aligns with the kingdom’s post-oil economic diversification strategy.

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